initial after-hours trading.
kate rogers has more on fedex's
results.
>> the big thing to focus on
are, continued impacts of
global slowdown on the company's
business, the cfo sd in a
tiatement slowing international
macroeconomic cons and
weaker global trade growth
trends continue as seen in our
year-over-year declines in fedex
revenue.
they low its guidance for
the itfull-year w a weaker q4
range than anticipated, due to
concerns over global trade
growth.
this comes afterg lower
guidance last quarter, citing
eaker international business,
particularly ineurope.
for "nightly business report,"
i'm kate rogers.
>>> so let's turn now to donald
brotton for more on fedex's
results and what those numbers
may be telling us about the
heth of the econom
nice to have you here, don,
elcome.
>> nice to behere, thank you.
>> all right.
what do you make of these
results?
obviously the street thinks that
it does not portend anything on